Oorja Raises $1.5 Million In Pre-Series A Seed Funding

Mobility Outlook Bureau
28 Sep 2023
05:06 PM
1 Min Read

The funds will be utilised to support product development and market expansion strategy for the deep tech startup.

oorja funding mobility outlook

Bengaluru-based tech startup oorja has raised $1.5 million in seed funding, led by Micelio Fund and co-led by Capital-A. The company will utilise the funds to build their product and make inroads into Europe and North American markets. It will use the funds to build its product and expand into European and North American markets.

The company has released its product and an extensive range of apps that address various battery design challenges, including material, range, capacity fade, thermal management, and cell design. The brand currently has over 15 customers spread across Asia and Europe.

Dr Vineet Dravid, Founder, oorja energy, mentioned that physics-based tools that are currently used are complex, difficult to deploy and slow down time to market. The company has solved complex engineering problems at the design stage with a cutting-edge, world-class product made in India. This Hybrid approach uses a combination of physics + ML to improve accuracy and speed up time to market.

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